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2018-10-23 Home Front: Politix

Illinois Democrat Sean Casten Calls for ‘Complete Elimination' of Tax Cuts

[Breitbart] Democrat candidate Sean Casten spoke during an interview on Sunday about President Trump’s tax cuts, calling for them to be "completely eliminated."

Casten, who is running against incumbent Rep. Peter Roskam (R-IL) in a close race for Illinois’ Sixth Congressional District, told WLS in an interview on Sunday that he believes "the tax reform that was passed should be completely eliminated" because most of the money from the tax cuts went to people who did not need it.

"By giving a tax cut to corporates in the top 1 percent, 83 percent of the tax cut went to people who didn’t need it," Casten said. "And it hasn’t triggered investment. It hasn’t triggered wage growth. What it’s triggered is a massive increase in dividends. And when 35 percent of U.S. equities are owned by foreigners, that means that more money left the country from the tax bill than flowed to 99 percent of Americans."

Despite Casten’s views on tax cuts not helping Americans, most Americans say they supported the tax cuts passed under the Trump administration’s tax reform package. A poll conducted shortly after the tax reform bill passed found that 51 percent of Americans approved of the Tax Cuts and Jobs Act.

Posted by Besoeker 2018-10-23 00:00|| || Front Page|| [9 views ] Top

#1 They believe everything you create belongs to them. You peasants should be happy with the crumbles they let you keep.

Posted by Procopius2k 2018-10-23 07:21|| 2018-10-23 07:21|| Front Page Top

#2 What it’s triggered is a massive increase in dividends. And when 35 percent of U.S. equities are owned by foreigners, that means that more money left the country from the tax bill than flowed to 99 percent of Americans.

This is so densely stupid it's hard to unpack. Try this, Sean: Outlaw dividends payments by US companies and see how the retirement community and pension funds like that. Check your will first. Or, prohibit the investment of foreign capital in US companies; take two aspirins and call us in three months.

Posted by Matt 2018-10-23 08:09|| 2018-10-23 08:09|| Front Page Top

#3 This is so densely stupid it's hard to unpack.

Matt, that is a great statement. Mind if I use it (a LOT)?

Posted by Mullah Richard 2018-10-23 08:56|| 2018-10-23 08:56|| Front Page Top

#4 most of the money from the tax cuts went to people who did not need it.

And Sean Casten and the Democrats will determine just what you need. "From each according to his ability, to each according to his needs" Where have I heard that before?

Posted by Frank G 2018-10-23 09:07|| 2018-10-23 09:07|| Front Page Top

#5 And it hasn’t triggered investment. It hasn’t triggered wage growth.

I'll see your 1.2 GDP growth under Obumble and raise you to 4.2 GDP growth under Trump.

Woman and minorities not hardest hit

Posted by DarthVader 2018-10-23 09:20|| 2018-10-23 09:20|| Front Page Top

#6 #3 - Any time, MR. Peak Stupidity approaches.

Posted by Matt 2018-10-23 09:30|| 2018-10-23 09:30|| Front Page Top

#7 Illinois Democrat Sean Casten Calls for ‘Complete Elimination' of ~~Tax Cuts~~ The economy

FIFY.

Posted by Bright Pebbles 2018-10-23 10:27|| 2018-10-23 10:27|| Front Page Top

#8 Frank, you left out the other half.And Sean Casten and the Democrats will determine just what you need. AND THEY'LL ALSO DETERMINE YOUR ABILITY TO PRODUCE.

When does he want to start rolling up the slackers to work on the collective farms?

Posted by AlanC 2018-10-23 14:18|| 2018-10-23 14:18|| Front Page Top

#9 OFF COURSE it IS from illi-noise

Posted by ranture 2018-10-23 14:38|| 2018-10-23 14:38|| Front Page Top

14:45 Super Hose
14:45 Crusader
14:42 Super Hose
14:32 Super Hose
14:26 Super Hose
14:24 NoMoreBS
14:21 Super Hose
14:13 NoMoreBS
14:11 Super Hose
14:09 NoMoreBS
14:03 Besoeker
13:59 NoMoreBS
13:57 Super Hose
13:55 swksvolFF
13:54 NoMoreBS
13:52 swksvolFF
13:50 Super Hose
13:45 NoMoreBS
13:44 Super Hose
13:43 Rex Mundi
13:41 Grom the reflective
13:40 Besoeker
13:40 Besoeker
13:39 Rex Mundi